06:12 AM EDT, 07/22/2026 (MT Newswires) -- Accor (AC.PA, ACR.F) signed an agreement with Trust Contracting and Real Estate Investment Co. to develop a new hotel in Sidi Kerir, Egypt. The French hospitality group and the Egyptian real estate developer plan to open the 200-room ibis North Coast Sidi Kerir hotel in the fourth quarter of 2029, according to a Wednesday release.

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